: yesterday boehner met with president obama for about 45 minutes. last night the white house presented him a new offer. the proposal includes 1.2 trillion in tax increases, down from the original offer 1.6 trillion. extending the bush tax cuts for every american earning less than $400,000 a year instead of $250,000. >> his position is not based on the notion that these rate have to go up because that's good, it is based on the necessity of having enough revenue as part of this balanced package. >> reporter: the white house plan would limit cost of living increases for social security recipients and two year extension on debt ceiling. even as boehner continues to work on a deal with the president, he's keeping handy, a plan b. today he said that proposal would extent the bush tax cuts for everybody making less than one million dollars, but that's it. >> i believe it is important that we protect as many american taxpayers as we can. >> reporter: boehner said the tragedy in connecticut may have changed the dynamics of the negotiations. it is not the time to put americans through more stress.